by Denise Deverelle | May 5, 2020 | NOI, pandemic, ratio utility billing systems
Well, 2020 has certainly been a wild ride so far. We started the year with significant utility rate increases in almost every state. I monitor these for our customers and some days could barely keep up with all of the water, sewer, gas, and electric rate hikes. As if... 
by Denise Deverelle | Apr 20, 2020 | amenities, multifamily management, NOI, ratio utility billing systems
Our industry has certainly faced some challenges recently. Late last year, California passed statewide rent control. We also saw a lot of water, gas, and electric rate hikes at the beginning of 2020. Then the pandemic landed on our doorstep, and nearly 22 million... 
by Denise Deverelle | Jan 20, 2020 | conservation, multifamily management, NOI, rental trends, submeters
We’ve seen some colossal utility rate increases proposed and implemented across the country in the last few months. Costs for repairing and expanding aging infrastructures are often miscalculated, resulting in giant utility rate proposals to modernize systems. In some... 
by Denise Deverelle | Dec 17, 2019 | litigation, multifamily management, NOI, utility fails
We talk a lot about the rewards of utility recovery because there are so many. Owners receive relief from inflation, utility rate increases, excess consumption, and increased NOI as a result. What we don’t talk about a lot is correctly designing your utility program... 
by Denise Deverelle | Nov 1, 2019 | NOI, rent control, submetering, submeters
If you own rental units in California, you have likely heard that California has passed statewide rent control, beginning January 2020, but retroactive to March 2019. The rate you were charging California residents on March 15, is the base rate for your increase cap.... 
by Denise Deverelle | Jun 14, 2019 | energy efficiency, multifamily management, NOI
Written by Kate Forsyth, Mid-Atlantic Regional Manager Rubber stamping electric bills is a secret no one wants to talk about; not you, not the company you work for and certainly not the utility company who bills you! Multifamily electric usage accounts for... 
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